1.The Categories of the Funds Savings funds in Cyprus can be split into three categories correlating to the level of risk they entail: Conservative - Low-risk funds Moderate - Medium-risk funds Aggressive - High-risk funds 1.1. Low-Risk Funds Low-Risk Funds are the most popular option in Cyprus, since they mostly invest on saving or investment products that have a low dilution risk, such as cash funds, notes, government bonds of western economies (>AA+) and corporate bonds from big companies (blue chips). [...]

1. Introduction Savings insurance and private pensions are the only private insurance plans accepted by the Cyprus tax authorities as being valid tax exemptions. All company owners with a tax base in Cyprus, as well as highly paid employees registered in the Cyprus Social Insurance system, can benefit from the exemptions. Apart from offering significant tax deductions, a private pension can ensure a lower risk and a higher net return compared to certificates of deposits. [...]

A tax calculator is based on the following principles: ● The sum of tax reductions (namely, Social Insurances, Savings Insurance fees, GHS etc.) should not surpass 20% of income. ● In the case of natural persons, savings insurance should come with an obligatory life insurance. As an approximation, the insured capital should be at least 13 times the insurance premium (e.g. if the premium is 10,000, the insured capital should be at least 130,000 euro). [...]